Senior Manager Retail Credit Risk in Belfast

Ulster Bank, a member of The Royal Bank of Scotland Group, is a leading bank on the island of Ireland, providing market leading personal products and services and award winning business banking.

With branches across Ireland, Ulster Bank is 1st in Northern Ireland and 3rd in the Republic of Ireland for Retail Banking. Our people are key in helping us achieve our vision of becoming Ireland’s most helpful bank, which is why we place a high priority in recruiting the very best with the right skills, experience and behaviours.

An opportunity currently exists at Ulster Bank for the position of Senior Manager Retail Credit Risk. The prime function of this division is to ensure that Retail Credit Risk policies and processes effectively mitigate risk and support Ulster Bank Group’s strategic objectives.

Based in Dublin or Belfast, the successful candidate will be an energetic, focused and motivated team player. In return, we offer a comprehensive reward structure. We believe strongly in recognising and rewarding and with this in mind; we operate Total Reward, an innovative and flexible approach to rewarding our people. It focuses on the overall content and value of our salary and benefits packages and aims to meet the diverse needs of our people.

On top of a competitive salary, we offer pensions and preferential rates on leading financial products.

Background to the role:

- The successful candidate for this role will manage a Portfolio Management team for Retail portfolios, ensuring all portfolios operate within expected credit risk appetite parameters.
- They will lead the development, production and presentation of portfolio analysis to monitor and manage credit performance.
- Collaboration with key business stakeholders to implement appropriate credit management solutions
- Manage Retail Credit projects within UBG and represent the department at Executive Steering Groups as appropriate.

Deliverables

- Critically evaluates and recommends risk appetite proposals at Group, divisional or business unit level through engagement on sector reviews, new product proposals, budgets, scorecard cut off changes, policy amendments, etc and provides support or recommendation for change in light of market intelligence and emerging portfolio trends.
- Ensures regular and appropriate portfolio MI, including stress tests and portfolio forecasts, is produced, reviewed and key drivers of business performance are understood.
- Identifies situations where asset quality does not meet expectations, identifies causes and makes recommendations for amendment of risk appetite where appropriate.
- Influences the risk appetite discussion and the design and development of the supporting the Credit Risk Management Framework (CRMF) e.g. through the management of research on current issues and best practices and the drafting proposals for discussion.
- Circulates proposals for consultation, collates and evaluates feedback and updates proposals appropriately.
- Prepares and presents papers for or participates in credit policy, country risk, sector concentration, single name concentration, credit quality assurance, risk measurement, risk management or similar committees/fora and provides secretarial support where required.

Experience

- Previous management experience in a Credit / Business risk related area.
- Well developed understanding of the concepts of credit risk.
- Experience of leading and managing a team.
- Strong gravitas, communication and presentation skills, in managing staff and engaging with Senior Management Stakeholders
- Ability to build and maintain networks of colleagues across the organisation.
Other Significant Role Requirements

Technical Knowledge:

- Credit risk strategy, policies, minimum standards, processes and systems. Has an in-depth knowledge of Credit risk policies and associated credit processes.
- Credit Risk methodologies including analysis tools and techniques.

This position, Senior Manager Retail Credit Risk in Belfast, was posted on December 15, 2010. The job is located in Belfast. The employer is Royal Bank of Scotland. Since this job has been published, it has been viewed 27 times.